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Page 1: Region of Crete, March 2012 Agricultural & Nutritional Profile Region of Crete The Land of Cornucopia * Region of Crete, March 2012

Region of Crete, March 2012

Agricultural & Nutritional Profile

Region of Crete

The Land of Cornucopia*

Region of Crete, March 2012

Page 2: Region of Crete, March 2012 Agricultural & Nutritional Profile Region of Crete The Land of Cornucopia * Region of Crete, March 2012

Region of Crete, March 2012

Contents

3. Food & Beverage

1. Profile of the Region of Crete

2. Crete’s competitive advantages

4. "AgroNutritional Cooperation” - ANC

1. Profile

1. Profile

Cornucopia*: the horn of Amalthia goat that fed Zeus in Crete according to Greek Mythology. Synonyms: plethora, lavishness, sufficiency

Page 3: Region of Crete, March 2012 Agricultural & Nutritional Profile Region of Crete The Land of Cornucopia * Region of Crete, March 2012

Region of Crete, March 2012

1. Profile

Page 4: Region of Crete, March 2012 Agricultural & Nutritional Profile Region of Crete The Land of Cornucopia * Region of Crete, March 2012

Region of Crete, March 2012

Region of Crete : Quick overview

• Crete is the largest and most heavily populated island of Greece. It is the fifth largest island in the Mediterranean Sea.

• The Region of Crete, which is one of the thirteen Administrative Regions of Greece, covers 6.3% of the total area of the country with a total extent of 8,335 km2.

• The Region of Crete, is constituted by the Prefectures of Heraklion, Lasithi, Rethymno and Chania . The city of Heraklion is the Capital of the Region and the homonym Prefecture.

• The Cretan Sea boarders the island on the north and the Libyan Sea on its south.

• The island has three major airports, Nikos Kazantzakis in Heraklion, the Daskalogiannis airport in Chania and a smaller one in Sitia. The first two serve international routes, as the main gateways for travelers to the island. Crete is also connected to mainland Greece by its 6 ports.

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Region of Crete, March 2012

Region of Crete: Quick facts

• Crete is the most populous island in Greece with a

population of more than 600,000 people. Approximately

42% of the population lives in Crete's main cities and towns

while the rest live in rural areas.

• The Region produces 4,9% (€13 bn) of total GDP of the

country.

• Among the main economic activities include agriculture

and tourism services.

• Wine and Extra Virgin Olive Oil production is significant.

Dairy products are also important to the local economy that

include a large rich variety of cheeses such as graviera,

mizithra, anthotiros, and kefalotyri.

• Crete is the most popular holiday destinations in Greece.

Tourist attractions include the archaeological sites of the

Minoan civilisation, the Venetian old city and port of Chania,

the Venetian castle at Rethymno, the gorge of Samaria.

Educational

Number of Universities - Institutes: 6

International Exhibition Centre: 1

Companies listed on the Athens Stock Exchange: 8

Industry Areas: 6

Natural

Significant Archaeological sites: 15, and thousands secondary sites.

Natura 2000 regions: 55Museums:

Blue flag awarded beaches: 98

Cultural

Cross road of Ancient Greek, Roman, Arab, Byzantine & Venetian civilizations.

Includes a rich medieval poetry, paintings (El Greco attended the Aya Ekaterini Institute before departing) and wine making heritage.

Rich museums in heritage possessing rare collections and master pieces such as the treasure of King Minos.

Source: economics.gr, statistics.gr

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Region of Crete, March 2012

2. Crete’s advantages for Investments

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Region of Crete, March 2012

The Region of Crete boasts strong performance indicators

Indicator Crete Greece

Population (000s) 601 10,964

GPD per capita *€21

(000s)€21.3 (000s)

Income per capita *€15.4 (000s)

€16.7 (000s)

Savings per capita€13.8 (000s)

€18.8 (000s)

Population growth per 1,000 inhabitants*

4 0.9

Primary school students per 1,000 inhabitants

69 56

Key performance indicators

Source: economics.gr, ΟΑΕΔ ; * Indicated data refer to 2008, otherwise to 2009**2010

2001 2002 2003 2004 2005 2006 2007 2008 2009Total

Greece

GDP (€ m) 7.398 8.100 8.578 9.031 9.394 10.375 11.155 11.641 n/a 237,494

% Agriculture 10.5% 11.2% 9.5% 10.7% 9.4% 7.9% 7.8% 7.5% n/a 3.8%

% Industry 14.9% 14% 13.9% 15.2% 15.2% 15.7% 14.8% 15.3% n/a 16.3%

% Services 74.5% 74.8% 76.6% 74% 75.3% 76.4% 77.5% 77.2% n/a 79.9%

New houses built 5209 6424 7196 7832 10371 7753 7735 6224 4519 61,490

Savings (€m) n/a 6,184 7,119 7,433 8,636 9887 11,246 13,203 13,825 211.469

Cars (000s) 163.8 175.8 186.2 199.3 212.3 224.8 238.7 250.3 255.9 5,132.0

Power consumption (TWh)

1,940 2,084 2,225 2,328 2,412 2,578 2,703 2,799 n/a 55,902

5* hotels 21 21 21 26 37 41 48 56 67 280

4* hotels 181 181 198 206 200 209 216 220 232 1,164

Welfare indicators

Source: economics.gr

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Region of Crete, March 2012

Crete strong economy is reflected in its export activity

Source: Exporters’ Association of Crete

Crete’s key export destinations

• 160 enterprises with export activities

• Main exports are Food and Beverage account for 56% of all exports, while all other exports account for the remaining 44% (plastics, arts and crafts, organic/natural cosmetics etc)

• Main exports include: extra virgin olive oil, speciality wine, bakery goods, citrus fruit, raisins, herbs, honey etc.

Key observations

• China.• United States of America.• Germany.• Benelux.• France.• Saudi Arabia.• Australia.• Italy. • Spain. • United Kingdom. • Russia.

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Region of Crete, March 2012

3. Food and Beverage

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Region of Crete, March 2012

• Following scientific research and statistical analyses, the

Cretan nutrition and diet has been proven to promote health

and longevity. It consists almost exclusively of products that

the people of Crete produce naturally. Products that only

the island of Crete and its ideal climatic conditions can offer.

• Extra Virgin Olive Oil nourishes Crete for thousands of

years. The areas of Viannos, Kolymbari, Sitia & Peza is

recognized as a zone of Protected Designation of Origin

and the quality of the olive oil is among the top of the global

production.

• Average oil production in Crete is approximately 120,000

tons out of which 90% is Extra Virgin & 10% is covered by

nine PDO zones such as: Kolymbari, Viannos, Peza, Sitia

etc…

Investment opportunities F&B, Extra Virgin Olive Oil sector.

Facts on the F&B sector

• Olive Oil is produced by the most important olive

variety Koroneiki.

• The total of production in Crete do cover 32% of

Greece’s total production.

…which form an excellent business case

9 “Protected Designation of Origin – PDO” Olive Oil1 “Protected Geographical Indication – PGI” Olive Oil1 “Protected Designation of Origin – PDO” Olives

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Region of Crete, March 2012

• A significant ratio of Twenty percent (20%) from the

Greek wine production comes from Crete. The

vineyards in Crete have a surface of approx 50,000

hectares and the wine production amounts to 950,000

hectolitres. There are three V.Q.P.R.D zones in

Archanes, Peza and Daphnes. Moreover, Crete does

include additional wine producing areas: Sitia in Lasithi

Prefecture. Smaller quantities of wine are also

produced in the Prefectures of Chania and Rethymno.

• Crete has the most ancient vineyard of Europe. Grape

cultivation has taken place in Crete since the Minoan

era, 4,000 years ago.

Investment opportunities F&B Wine Sector

Facts on the F&B sector

4 Local Wines

4 areas of Quality

Wines

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Region of Crete, March 2012

• Dairy products are important to the local economy and

there are a number of specialty cheeses such as

mizithra, anthotiros, and kefalotyri.

• Organic and off-season (early production) vegetables,

combined with the high technology agriculture, are an

attractive investment opportunity.

Investment opportunities F&B Goat’s Meat, Goat’s Cheeses and Herbs Sector

Facts on the F&B sector

3 “Protected Designation of Origin – PDO” Dairy products1 “Protected Geographical Indication – PGI” Bakery products1 “Protected Designation of Origin – PDO” Fruits

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Region of Crete, March 2012

4. AgroNutritional Cooperation

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Region of Crete, March 2012

ANC Purpose

•Establishment of a new company of Region of Crete and Private Sector (49/51) under the name “AgroNutritional Cooperation” or ANC

•The company would guarantee each operation’s products’ quality, reliability and prestige of all island’s products as well as the island’s recipes and functions.

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Region of Crete, March 2012

Functions (I)

• Producers who are Company's stakeholders are fully

controlled by the region of Crete and thus are endorsed

by the "AgroNutritional Cooperation" (ANC)

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Region of Crete, March 2012

Functions (III)

• Moreover the brand of the Region of Crete certifies the

quality of all nutritional products checked & controlled by

the staff of the mentioned Company which is equivalent

to the IFS certification.

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Region of Crete, March 2012

Functions (II)

• The products provided by the ANC do combine a large

variety of the island's agricultural performance ie extra

virgin olive oil, grapes, wine, raisins, honey, mountain

herbs, dried bread (paximadi), vegetables, cheeses

etc…

Page 18: Region of Crete, March 2012 Agricultural & Nutritional Profile Region of Crete The Land of Cornucopia * Region of Crete, March 2012

Region of Crete, March 2012

Additional Certified Services

• Product Marketing

• Productions’ Specifications and Support.

• Full Maintenance

• Logistics & Services

Page 19: Region of Crete, March 2012 Agricultural & Nutritional Profile Region of Crete The Land of Cornucopia * Region of Crete, March 2012

Region of Crete, March 2012

Finally...

• The Region of Crete and the ANC awaits your contact

to move on to the future on a win - win situation

• We are waiting for you!

Page 20: Region of Crete, March 2012 Agricultural & Nutritional Profile Region of Crete The Land of Cornucopia * Region of Crete, March 2012

Region of Crete, March 2012

Cont@ct Us!

CreteRegion@Creteregion

flickr.com/photos/creteregion

crete.gov.gr

+302813400

[email protected]

Page 21: Region of Crete, March 2012 Agricultural & Nutritional Profile Region of Crete The Land of Cornucopia * Region of Crete, March 2012

Region of Crete, March 2012

Thank you for your attention!


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